• About
  • Contact
  • Advertise
Friday, October 23, 2026
No Result
View All Result
Worldstage News
  • Home
  • NIGERIA
    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria’s push for state police crosses 2/3rd legislative requirement threshold as 25 states concur

    Nigeria: FG temporarily opens Section 1 of Lagos-Calabar coastal highway

    Nigeria: South-South governors are against realignment of Lagos-Calabar Coastal Highway with East-West Road – Gov Diri

    Lagos APC stalwart blames internal sabotage for escalated terror attacks

    Nigeria: Security forces deploy personnel to protect Tinubu’s posters ahead of Saturday presidential campaign flag-off in Kaduna

    Shettima declares open Digital Nigeria International Conference and Exhibition 2025, says Nigeria’s economy stable, attracting investors, accolades

    Nigeria: FG approves 90-day economic plan to reduce cost of living

    Nigeria: Speaker Abbas assures US faith delegation of House commitment to ethno-religious unity in Nigeria

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: State Assemblies’ support for local police surges as 10 passed Bill

    Police activates CCTV centre in Lagos to boost technology-driven policing

    NPF commences nationwide clearance operation against kidnappers, bandits, criminal groups

    Nigeria: Speaker Abbas, wife donate N22m, bus to Kaduna First Lady’s empowerment group

    Nigeria: Reps demand remittance of N30b NSIPA recovered funds to TSA

    Nigeria: Bill for development, industrialisation of drone industry scales second reading

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Senate raises hope on revamping public high schools, passes NSSEC bill for second reading

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    TVET: Trainee, training centres receive N30k, N50k monthly – Minister

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa reaffirms FG’s commitment to TVET as nearly 250,000 Nigerians undergo skills training nationwide

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Minister hails JAMB listing of Armed Forces College of Medicine & Health Sciences as 100 pioneer cadets prepare for admission

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa unveils 39 agric curricular, 31 occupational standards to boost food security, youth employment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister praises Dangote Foundation’s move to empower four million students with IPO shares

    Nigeria: Minister reaffirms Tinubu administration’s commitment to workers’ welfare, urges VCs to pay CATA, CONTA, CONMESS

  • Health
    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Nigeria: Tinubu alerts West African health authorities to surveillance against Ebola threat, rules out restriction on large gatherings for now

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola: Ogun steps up surveillance after FCT case, says no case recorded in state

    Ebola: FG assures Nigerians of containment strategies

    NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

    NNPCL postpones two-day Contractors and Partners CEO HSE Conference over Ebola case

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria: The repeat of 2014 Ebola scare as Abuja confirms new case

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Benue announces FG’s approval of four health centres to treat snakebite, curb mortality

    Nigeria: FG revitalises 4,434 PHCs as patient visits rise to 45m quarterly

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC bursts fake beverage syndicate, seizes packaging materials worth ₦200m in Aba

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth sets Oct 27 for Q3 2026 board meeting as closed period takes effect

    • Health and Fitness
  • Media

    Sahara champions deeper Energy Journalism in Ghana to strengthen public understanding

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    GOCOP mourns former President Dotun Oladipo

    The Eagle Online will continue to fly, Dotun Oladipo family assures

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    EFCC arraigns Nigerian-American over alleged $320,000 vehicle import fraud

    Fidelity Bank grows gross earnings by 46% to N749b in H1 2025

    Fidelity Bank holds 38th AGM: Shareholders greenlight 2025 financials and board changes

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    • Politics
    • Opinion
  • World
    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NSC replaces Sanusi with Ikpeme as NFF General Secretary

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NFF secures $8.5m annual kit sponsorship with Adidas

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

  • Business
    FCCPC bags multiple honours for consumer protection, fair competition

    FCCPC bags multiple honours for consumer protection, fair competition

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos, AfDB launch AFAWA Project to empower 610 women-led businesses

    Nigeria: CBN gov says FG’s economic reforms crucial to sustainable repositioning of national economy

    AFC appoints CBN governor Cardoso  board chairman

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Eunisell hits by severe illiquidity as price stagnates at ₦189

    Eunisell Interlinked reports 31% profit growth in FY 2026 financial results

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    C.H.I Limited drives UAC’s half-year revenue to N365b

    UAC of Nigeria to divest 73.29% controlling stake in Livestock Feeds to Sunbeth

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
  • Home
  • NIGERIA
    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria’s push for state police crosses 2/3rd legislative requirement threshold as 25 states concur

    Nigeria: FG temporarily opens Section 1 of Lagos-Calabar coastal highway

    Nigeria: South-South governors are against realignment of Lagos-Calabar Coastal Highway with East-West Road – Gov Diri

    Lagos APC stalwart blames internal sabotage for escalated terror attacks

    Nigeria: Security forces deploy personnel to protect Tinubu’s posters ahead of Saturday presidential campaign flag-off in Kaduna

    Shettima declares open Digital Nigeria International Conference and Exhibition 2025, says Nigeria’s economy stable, attracting investors, accolades

    Nigeria: FG approves 90-day economic plan to reduce cost of living

    Nigeria: Speaker Abbas assures US faith delegation of House commitment to ethno-religious unity in Nigeria

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: State Assemblies’ support for local police surges as 10 passed Bill

    Police activates CCTV centre in Lagos to boost technology-driven policing

    NPF commences nationwide clearance operation against kidnappers, bandits, criminal groups

    Nigeria: Speaker Abbas, wife donate N22m, bus to Kaduna First Lady’s empowerment group

    Nigeria: Reps demand remittance of N30b NSIPA recovered funds to TSA

    Nigeria: Bill for development, industrialisation of drone industry scales second reading

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Senate raises hope on revamping public high schools, passes NSSEC bill for second reading

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    NITDA boss urges instructors to prioritise complex problem-solving, critical thinking over only examination success

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    Nigeria: Minister reaffirms FG’s commitment to reposition education for digital economy, future of work

    TVET: Trainee, training centres receive N30k, N50k monthly – Minister

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa reaffirms FG’s commitment to TVET as nearly 250,000 Nigerians undergo skills training nationwide

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Minister hails JAMB listing of Armed Forces College of Medicine & Health Sciences as 100 pioneer cadets prepare for admission

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa unveils 39 agric curricular, 31 occupational standards to boost food security, youth employment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister praises Dangote Foundation’s move to empower four million students with IPO shares

    Nigeria: Minister reaffirms Tinubu administration’s commitment to workers’ welfare, urges VCs to pay CATA, CONTA, CONMESS

  • Health
    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Nigeria: Tinubu alerts West African health authorities to surveillance against Ebola threat, rules out restriction on large gatherings for now

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola: Ogun steps up surveillance after FCT case, says no case recorded in state

    Ebola: FG assures Nigerians of containment strategies

    NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

    NNPCL postpones two-day Contractors and Partners CEO HSE Conference over Ebola case

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria: The repeat of 2014 Ebola scare as Abuja confirms new case

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Benue announces FG’s approval of four health centres to treat snakebite, curb mortality

    Nigeria: FG revitalises 4,434 PHCs as patient visits rise to 45m quarterly

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC bursts fake beverage syndicate, seizes packaging materials worth ₦200m in Aba

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth sets Oct 27 for Q3 2026 board meeting as closed period takes effect

    • Health and Fitness
  • Media

    Sahara champions deeper Energy Journalism in Ghana to strengthen public understanding

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    GOCOP mourns former President Dotun Oladipo

    The Eagle Online will continue to fly, Dotun Oladipo family assures

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    EFCC arraigns Nigerian-American over alleged $320,000 vehicle import fraud

    Fidelity Bank grows gross earnings by 46% to N749b in H1 2025

    Fidelity Bank holds 38th AGM: Shareholders greenlight 2025 financials and board changes

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    • Politics
    • Opinion
  • World
    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NSC replaces Sanusi with Ikpeme as NFF General Secretary

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NFF secures $8.5m annual kit sponsorship with Adidas

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

  • Business
    FCCPC bags multiple honours for consumer protection, fair competition

    FCCPC bags multiple honours for consumer protection, fair competition

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos, AfDB launch AFAWA Project to empower 610 women-led businesses

    Nigeria: CBN gov says FG’s economic reforms crucial to sustainable repositioning of national economy

    AFC appoints CBN governor Cardoso  board chairman

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Eunisell hits by severe illiquidity as price stagnates at ₦189

    Eunisell Interlinked reports 31% profit growth in FY 2026 financial results

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    C.H.I Limited drives UAC’s half-year revenue to N365b

    UAC of Nigeria to divest 73.29% controlling stake in Livestock Feeds to Sunbeth

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
No Result
View All Result
Worldstage News
No Result
View All Result
Home Energy

Nigeria: Court declines to stop Petroleum minister, others from allocating oil fields

by NAN
December 29, 2025
in Energy
0
Nigeria: Petroleum Minister commends Tamrose  growing vessel fleet

Sen. Heineken Lokpobiri

0
SHARES
20
VIEWS
Share on FacebookShare on Twitter

The Federal High Court in Abuja has refused to grant an application seeking to stop Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), and others from allocating some oil fields.

Justice Emeka Nwite, in a ruling on an ex-parte motion filed by Hi-Rev Oil Limited and Hi-Rev Exploration and Production Ltd but moved by their lawyer, Ambrose Unaeze, rather ordered that the respondents be put on notice.

“The respondents are hereby ordered by this honourable court to show cause why the application should not be granted,” Justice Nwite ruled.

Justice Nwite, a vacation judge, adjourned the matter until Jan. 5 for the respondents to show cause.

The News Agency of Nigeria (NAN) reports that the 2nd and 3rd respondents in the ex-parte motion, marked: FHC/ABJ/CS/2678/2025, are the Attorney-General of Federation (AGF) and Nigeria Upstream Petroleum Regulatory Commission (NUPRC).

The motion, dated and filed on Dec. 11 by a team of lawyers led by Unaeze, sought a relief.

The oil and gas companies are seeking an order of interim injunction restraining the defendants or whomsoever is acting on their behest from selling, assigning or allocating the Yorla South (Petroleum Prospecting Licence (PPL) 2A32 – OML 11) located in Rivers.

The order is to also restrain the defendants from allocating Akiapiri (PPL 2A48 – OML 25) located in Bayelsa; Diebu Creek East (OML 32) also located in Bayelsa and Idiok (PPL 2A41 – OML 67) located in Akwa Ibom, “same being direct replacements for Utapate Oil Field (formerly part of OML 13) and OPL 2002, previously allocated to the plaintiff but was later withdrawn by the defendants, pending the hearing of the interlocutory application in this suit.”

Giving four grounds why their application should be granted, the lawyer said the companies were previously allocated the Utapate Oil Field (formerly part of OML 13) and OPL 2002, but were unreasonably withdrawn by the Federal Government.

He said parties had a settlement agreement for the replacement of the Utapate Oil Field, which was accepted or adopted and it became consent judgement.

Unaeze stated that the firms had taken substantial steps and offered consideration in respect of the grant of the licence to operate OPL and licence to establish a petroleum refinery.

He argued that the companies’ legal right is being threatened by the defendants, pursuant to the threat to sell or allocate the oil fields at Yorla South, Akiapiri, Diebu Creek East, and Idiok to third parties via the defendants’ offer to the public for round bid, hence, the need for the interim order.

In the affidavit in support of the motion, the companies’ Director, Chief Felix Ezeamama, averred that in 2007, the firms won the bid for OPL 2002, but the exercise was suspended following a lawsuit filed by Shell Petroleum Development Company of Nigeria Limited (SPDC), the former operator of OML 13 as at then.

“However, the plaintiffs subsequently filed an action against the defendants over lack of access to the oil field in Suit No. FHC/CS/1077/2007, which led to an out of court settlement in 2015 between the plaintiffs and the defendants,” he said.

Ezeamama said this led to the adoption of the terms of settlement as a consent judgment.

According to him, the settlement agreement confirmed and declared the plaintiffs as the rightful winner of OPL 2002 and provided for the issuance of a 50,000 BPD modular refinery license at Iko Community, Eastern Obolo L.G.A., Akwa Ibom State.

“And following this act, the DPR (now NUPRC) issued the plaintiffs with both the award letter (Offer of Oil Prospecting License – OPL 2002) and License to establish Petroleum Refinery, and based on that act of the defendants, the plaintiffs made part payment of the signature bonus while liaising with the Central Bank of Nigeria (CBN) on exchange rate arrangements for the balance.

He said consequent upon the said award/offer of Oil Prospecting License — OPL 2002 and license to establish petroleum refinery by the defendants, the plaintiffs submitted a detailed engineering design as per statutory compliance for the construction of 50,000 BPSD Refinery at Iko Community, Eastern Obolo L.G.A of Akwa Ibom.

He said the defendants, in their wisdom after series of review, approved the detailed engineering design and construction as submitted and further advised the plaintiffs to proceed to the next phase of the project.

“That a subsequent high-level stakeholders meeting chaired by the then AGF, on-behalf of the defendants, wherein he proposed a settlement offering the plaintiffs either two oil fields from OPL 2002.

“This, is a with a complete data for each of the fields, or three (3) other marginal fields of its choice with complete data for the fields elsewhere from the Government Basket, under sole risk terms with a nominal signature bonus.”

Ezeamama said owing to the facts as stated above, the plaintiffs selected the Obuzo, Uzoaku, and Ofemini Oil Fields, which were approved for implementation by the defendants.

“However, the fields were later included in a marginal field bid round and sold to other operators, leaving none available as alternatives for the plaintiffs,” he said.

According to him, the matter remained unresolved for years, and each time the plaintiffs approached the defendants for the replacement of their oil fields, the defendants would always make promises and undertakings to the plaintiffs that they will provide them with other viable oil fields of equivalent value to the earlier ones as granted to them which were unjustifiably withdrawn.

The director averred that they are entitled to the allocation of the said Yorla South – PPL 2A32 – OML 11; Akiapiri: PPL 2A48-OML 25; Diebu Creek East – OML 32 and Idiok: PPL 2A41-OML 67 and grant of license of same as alternative to the earlier oil fields which were unreasonably withdrawn by the defendants.

He said this was so because they had fulfilled the conditions for the grant and also particularly in-line with the consent judgement of the court.

Ezeamama said irreparable loss would have been visited on the plaintiffs and a state of hopelessness would be foisted on the court, if the application was not granted and the defendants go ahead to deal adversely with the plaintiffs’ interest on the selected oil fields.

“That the plaintiffs have suffered grave financial loss and emotional torture in the hands of the defendants, who have continued to dribble the plaintiffs at will” he alleged.

Tags: Heineken LokpobiriHi-Rev Exploration and Production LtdHi-Rev Oil Limited
NAN

NAN

Next Post
Nigeria begins indigenous production of attack drones in partnership with local tech firm

Nigerian Academy of Science raises alarm over migration of researchers, scientists

Buy Our Research Book

About Us

Worldstage News logo

World Stage Limited is a research and technology driven Africa focused firm with expertise in multi-faceted business communication services.

  • About
  • Contact
  • Advertise

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.

No Result
View All Result
  • Home
  • NIGERIA
  • Entertainment
    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
  • Health
    • Health and Fitness
  • Media
    • CSR
    • Jobs
    • Labour
    • Law
  • News
    • Politics
    • Opinion
  • World
    • Africa
    • America
    • Asia
    • Europe
  • Sports
  • Business
    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.